UK extends £17 mln for tax, audit program
Addis Ababa, 1 August 2014 (WIC) - The United Kingdom extended on Friday, August 1, 2014 a grant amounting to £17 million to address constraints related to tax, audit and transparency both at federal and regional levels.
Finance and Economic Development State Minister Ahmed Shide and Julius Court, Head of Office of Department for International Development signed the Memorandum of Understanding.
Speaking on occasion, Ahmed appreciated the support of the government of the United Kingdom. He said the UK has provided 300 million pounds on average every year to support various development activities in Ethiopia.
According to the State Minister, the Department for International Development is the big donor in various development projects and programs of Ethiopia; and the two countries have been working to strengthen their trade and investment relations.
Julius Court, Head of Office of Department for International Development, on his part said the government of United Kingdom will work with the government of Ethiopia on tax, audit
and transparency, in addition to the cooperation the countries have in health, education and infrastructure.
He said the United Kingdom Department for International Development will extend the necessary support for the realization of the program in Ethiopia. (ENA)
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